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Possible Oil and Gas Play? HELP!
Guys I do appreciate your help, as I am a novice, and my ability to analyze charts is woefully lacking. I have been switching between Profunds UOPIX and USPIX playing the Nadaq both long and short without too much success! Mainly spinning my wheels. I am now interested in placing a token amount into Profunds Ultra Oil and Gas (ENPIX) .......which leverages the US oil and gas ? Can charting provide and accurate entry point for a mutual fund? unfortunately for me I lack the skills to do this .....except for using Yahoo basic techinical analysis.......bottom line ....would now be a good time to enter or has it ran too far?
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hmmm, I would think that TA on a mutual fund would be very different than stocks, since much of the stock movement would be cancelling each other out (although maybe not too much since the funds you mention are sector specific) Plus, when you've got a slew of stocks there are just that many more news driven price movements that can't be predicted by charts.Buy Low
Sell High
STAY FROSTY! -
Good to see you back Scifos!Originally posted by scifosComment
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Greetings,
Could not find NBB's, Canroy thread,Im hoping hell answer here.What do you think of CNE,looks like a nice yield as of today s price.
cordially TomComment
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New-born Baby's Cans: making money in a down market
Tom,Originally posted by TFred
CNE is a good buy, imho. .20 USD per month, and multiply that by 12 months, you're talking $2.40 USD for an $18.80 play=13% not too bad. . . .
CNE is made up of two very good trusts: AE and Starpoint . . . . solid stuff.Comment
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